Colgate (CL) Holder United Capital Financial Advisers LLC Has Cut Its Position

December 7, 2017 - By Linda Rogers

Investors sentiment increased to 0.9 in Q2 2017. Its up 0.08, from 0.82 in 2017Q1. It increased, as 47 investors sold CL shares while 453 reduced holdings. 92 funds opened positions while 359 raised stakes. 617.46 million shares or 0.79% less from 622.36 million shares in 2017Q1 were reported. Waters Parkerson And Com Ltd Llc invested in 22,429 shares or 0.15% of the stock. Loudon Invest Management Ltd Company holds 4,820 shares. Northwest Investment Counselors Ltd Limited Liability Company accumulated 0.86% or 25,624 shares. Webster Fincl Bank N A holds 3,913 shares. Architects holds 0.06% of its portfolio in Colgate-Palmolive Company (NYSE:CL) for 4,651 shares. Patten Group Incorporated has 22,156 shares. Sandhill Cap Prtnrs Limited Com invested 0.14% of its portfolio in Colgate-Palmolive Company (NYSE:CL). House Ltd Llc invested 0.11% in Colgate-Palmolive Company (NYSE:CL). Baker Avenue Asset Mngmt Lp stated it has 0.04% in Colgate-Palmolive Company (NYSE:CL). Waldron Limited Partnership holds 2,731 shares. Segall Bryant And Hamill Ltd Liability Corp reported 14,474 shares. The Maryland-based Profund Advsr Ltd Liability Company has invested 0.09% in Colgate-Palmolive Company (NYSE:CL). National Pension has invested 0.29% in Colgate-Palmolive Company (NYSE:CL). Credit Suisse Ag reported 2.25 million shares or 0.16% of all its holdings. Farr Miller Washington Ltd Liability Co Dc holds 2.54% or 349,862 shares.

Since June 15, 2017, it had 0 insider buys, and 2 sales for $1.35 million activity. Another trade for 14,000 shares valued at $1.06 million was made by Marsili Daniel B on Thursday, June 15.

United Capital Financial Advisers Llc decreased its stake in Colgate (CL) by 20.89% based on its latest 2017Q2 regulatory filing with the SEC. United Capital Financial Advisers Llc sold 120,746 shares as the company’s stock rose 3.95% with the market. The institutional investor held 457,382 shares of the package goods and cosmetics company at the end of 2017Q2, valued at $33.91 million, down from 578,128 at the end of the previous reported quarter. United Capital Financial Advisers Llc who had been investing in Colgate for a number of months, seems to be less bullish one the $64.28B market cap company. The stock decreased 1.41% or $1.05 during the last trading session, reaching $73.2. About 3.70M shares traded or 10.50% up from the average. Colgate-Palmolive Company (NYSE:CL) has risen 6.23% since December 7, 2016 and is uptrending. It has underperformed by 10.47% the S&P500.

United Capital Financial Advisers Llc, which manages about $9.56B and $11.17B US Long portfolio, upped its stake in Ishares Russell Mid (IWP) by 52,818 shares to 64,816 shares, valued at $7.01M in 2017Q2, according to the filing. It also increased its holding in Ishares Iboxx $ Investment Grade Corporate Bond Etf (LQD) by 302,096 shares in the quarter, for a total of 407,673 shares, and has risen its stake in Spdr Gold Shares (GLD).

Analysts await Colgate-Palmolive Company (NYSE:CL) to report earnings on January, 26. They expect $0.75 earnings per share, 0.00 % or $0.00 from last year’s $0.75 per share. CL’s profit will be $658.58M for 24.40 P/E if the $0.75 EPS becomes a reality. After $0.73 actual earnings per share reported by Colgate-Palmolive Company for the previous quarter, Wall Street now forecasts 2.74 % EPS growth.

More news for Colgate-Palmolive Company (NYSE:CL) were recently published by: Seekingalpha.com, which released: “Who Might Acquire Colgate-Palmolive?” on November 14, 2017. Bloomberg.com‘s article titled: “Colgate-Palmolive Settles Claims Over Asbestos in Its Talc” and published on November 10, 2017 is yet another important article.

Colgate-Palmolive Company (NYSE:CL) Ratings Coverage

Among 25 analysts covering Colgate-Palmolive (NYSE:CL), 5 have Buy rating, 1 Sell and 19 Hold. Therefore 20% are positive. Colgate-Palmolive had 60 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by KeyBanc Capital Markets on Wednesday, November 22 with “Hold”. The stock has “Buy” rating by Citigroup on Thursday, April 14. The rating was maintained by Jefferies on Friday, July 21 with “Hold”. Citigroup maintained it with “Buy” rating and $88 target in Friday, July 29 report. The stock has “Hold” rating by RBC Capital Markets on Tuesday, August 1. The firm earned “Neutral” rating on Friday, July 29 by UBS. The company was upgraded on Monday, September 12 by Bank of America. The stock of Colgate-Palmolive Company (NYSE:CL) earned “Hold” rating by RBC Capital Markets on Friday, November 10. KeyBanc Capital Markets initiated the stock with “Sector Weight” rating in Friday, September 9 report. UBS maintained it with “Neutral” rating and $76 target in Friday, April 29 report.

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